EBRD approves EUR 15 mln loan to Bosnia's Raiffeisen Leasing in SMEs support
The European Bank for Reconstruction and Development said it has approved a EUR 15 million senior unsecured loan to Bosnia's Raiffeisen Leasing to back local small and medium-sized enterprises (SMEs).
The funding will be used to provide lease finance for SMEs, including the financing for green assets and contribute to the objectives of Financial Intermediaries Framework (FIF), supporting competitiveness and resilience, the EBRD said in a project summary document.
The loan will be extended in two tranches, of EUR 8 million and 7 million, the EBRD said.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.